The President of Chamber of Construction Industry Sri Lanka, Dr Surath Wickramasinghe, offered an insightful prediction into what we can expect from the island’s construction industry. He is one of Sri Lanka’s leading architects and according to him, the developers should plan long term. This is because the current growth of the Sri Lankan construction sector should continue to grow for the next 15 to 20 years.

Chances are that when you’ve heard cold-formed steel (CFS) construction methods described, that cost savings have been heavily emphasized as a major advantage.

What you might not be so aware of is just where these cost savings lie and how a considerable amount of these savings can be found above and beyond simply the steel structure building cost alone.

The major CFS cost savings are cleverly explained in an infographic designed by BuildSteel.org, one of the pre-eminent cold formed steel knowledge bases in North America.

Construction efficiency and generating a higher ROI are primary concerns for any developer, builder and contractor.

Any and every project can benefit from increased speed of construction, without sacrificing quality of building components, regulatory compliance, or skilled engineering or labour. Building with cold formed steel (CFS) using the FRAMECAD System takes care of those concerns.

In the first part of this two-part blog series, we looked at McKinsey’s report Imagining construction’s digital future, that asserted the global construction industry is “ripe for digital disruption”.

The report discussed how the global building sector is lagging in the digital age and needs to embrace technology if it wants to retain efficiencies and profit margins. With the majority of the world’s industries now reliant on software  and on the Internet to produce efficiencies previously unattainable through traditional practices, it’s only logical for the construction industry to become similarly digitally aligned.

This blog goes into detail about how FRAMECAD is perfectly placed to be a central part of the construction industry’s shift into a digital future.

The global construction industry is ripe for disruption, according to the latest McKinsey & Company report “Imagining construction’s digital future”.

McKinsey & Company is a worldwide management consulting firm that conducts analysis to evaluate management decisions across the public and private sectors.

In 2011 McKinsey & Company was named as the most prestigious management consultancy in the world, which is why when they published a report on our industry, we took notice.